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Balance Quotes

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Balance Quotes

“Ron Paul would have demanded that entire departments be shuttered – not that the bums merely bring into balance what was stolen (taxes) with what is squandered (spending). Besides, what a balanced-budget requirement implies is that government has the constitutional right to spend as much as it takes in – that government is permitted to waste however much revenue it can extract from wealth producers.”

“A federal bailout would spare California from having to make spending cuts needed to bring its budget into balance. The matter has become urgent since California voters rejected several tax-hiking ballot initiatives. Rather than taking the vote as a signal to dramatically curtail spending, the state turned to the feds. If they get a free pass, the politicians can avoid fixing any of their past mistakes or preparing California for the future.”